New Delhi, May 18 (IANS) Bitcoin slid to its weakest level in May on Monday over escalating macroeconomic concerns tied to the US‑Iran conflict, causing overall crypto market weakness.The world’s largest cryptocurrency dropped to $76,711 before it recovered some losses to trade at $76,985.11 as of 2.25 pm. Major digital assets such as Ether and Solana also traded lower.Nearly $500 million of long positions were liquidated within about 15 minutes during early Asian trading hours, according to…
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New Delhi, March 22 (IANS) As the West Asia conflict escalates, Bitcoin and the overall crypto market declined further on Sunday, after US President Donald Trump warned to attack Iran’s power plants if the Strait of Hormuz is not reopened within 48 hours.Bitcoin touched $68,241 per coin and if the hostilities remain elevated, Bitcoin can lose even more. Otherwise, it may attempt to reclaim lost ground and reestablish its prior range above $70,000.Over $240 million in crypto positions vanished …
Mumbai, Feb 6 (IANS) World’s largest cryptocurrency Bitcoin extended losses on Friday, falling over 6 per cent to about $66,198 as risk aversion, heavy liquidations, weakness in technology stocks, and fears of tighter US monetary policy rattled investors.Bitcoin saw its sharpest single‑day decline since late 2024 on Thursday when it slid 12.6 per cent to roughly $63,300, its lowest level since October 2024, wiping out billions of asset value in dollar terms, multiple reports said.Analysts sa…